First Commons Bank was named as one of the 3 healthiest banks in Massachusetts, and one of the 13 healthiest in the Northeast U.S. by Sageworks, a financial information company.
Sageworks analyzed data from more than 6,500 banks across the U.S. and listed the healthiest for each region according to their “Texas Ratios” — a key performance indicator in the banking industry used to assess an individual bank’s health. The ratio gauges a bank’s ability to cover its bad debts with its tangible equity capital. The dataset used the most recent federal data via Sageworks Bank Information for the fourth quarter ended December 31, 2014. A low Texas Ratio is an indicator of a healthy bank
First Commons Bank had a ratio of exactly zero, reported Sageworks.

13

Local Recommendations

About Us

First Commons Bank, N.A., is a nationally chartered, FDIC-insured full-service community bank, dedicated to serving the businesses and individuals of Newton, Wellesley, Waltham, and eastern Massach...(more)